Best Bitcoin Brokers & Exchanges In 2025
Since Bitcoinmarket.com launched in 2010, we’ve seen hundreds of brokers and exchanges offering BTC trading emerge. While some remain, many have fallen away – often due to scams, poor security, or unreliable service.
With Bitcoin’s high-risk nature and a market rife with bad actors, our team – some of whom personally invest in Bitcoin – have rigorously tested and pinpointed the top platforms. Dig into our top Bitcoin trading platforms.
Top 6 Bitcoin Brokers & Exchanges In 2025
After testing 224 providers, we’ve identified the 6 best for secure Bitcoin trading :
Why Are These Brokers The Best For Trading Bitcoin?
Here’s a brief rundown of why we believe these firms stand out for Bitcoin trading:
- eToro USA is the best Bitcoin broker in 2025 - eToro US offers 24 tradeable cryptoassets, with just a 1% buying/selling fee added to the spread. Additionally, there are 80 different coins available through the broker’s proprietary wallet service. You can also practice your crypto strategies easily by switching between live and demo mode. Crypto asset investing is highly volatile and unregulated. No consumer protection. Tax on profits may apply.
- NinjaTrader - You can get exposure to micro Bitcoin futures through the CME Group’s centralized exchange, which is highly regulated by the US CFTC. Micro contracts allow you to trade a fractional size of one Bitcoin, giving you more risk control and order flexibility.
- Interactive Brokers - IBKR lets you purchase and hold Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at competitive commission rates and without needing a crypto wallet. Additionally, there is a range of other diverse assets to explore, such as crypto indices like the NYSE Bitcoin Index, as well as futures contracts like the BAKKT Bitcoin Futures.
- FOREX.com - You can trade a small range of 8+ cryptos against USD, EUR, GBP and AUD with tight spreads and no virtual wallet required. Algo traders can also utilize Expert Advisors (EAs) to automate their crypto trades.
- UnitedPips - UnitedPips offers trading on four leading cryptos (Bitcoin, Ethereu, Litecoin, and Ripple) with high leverage up to 1:5. It also supports deposits and withdrawals in cryptos making it convenient for serious crypto enthusiasts.
- RedMars - RedMars offers 13 crypto CFDs, including the popular BTC/USD, ETH/USD, and LTC/USD. However, there's no option to buy the underlying cryptocurrency. As a comparison, eToro allows the underlying purchase of 44 cryptocurrencies with copy trading on digital currencies also supported.
Compare The Top Bitcoin Brokers And Exchanges In Key Areas
Find the right Bitcoin provider for you based on our comparison of core features important to active traders:
| Broker | Bitcoin Spread | Margin Trading | Payment Methods | Regulators |
|---|---|---|---|---|
| eToro USA | BTC 0.75% | ✔ | ACH Transfer, Debit Card, PayPal, Wire Transfer | SEC, FINRA |
| NinjaTrader | Floating | ✔ | ACH Transfer, Cheque, Debit Card, Wire Transfer | NFA, CFTC |
| Interactive Brokers | 0.12%-0.18% | ✔ | ACH Transfer, Automated Customer Account Transfer Service, Cheque, Debit Card, TransferWise, Wire Transfer | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM |
| FOREX.com | BTC 1.4%, ETH 2% | ✔ | ACH Transfer, Credit Card, Debit Card, Mastercard, Neteller, Skrill, Visa, Wire Transfer | NFA, CFTC |
| UnitedPips | 500 | ✔ | Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, PayPal, Perfect Money | IFSA |
| RedMars | 65 | ✔ | Bitcoin Payments, Credit Card, Debit Card, FasaPay, Klarna, Mastercard, Neteller, PayPal, Skrill, Sticpay, Trustly, Visa, Wire Transfer | CySEC, AFM |
How Safe Are These Bitcoin Trading Providers?
In a market notorious for scams, consider how the top Bitcoin trading platforms protect your funds:
| Broker | Trust Rating | Guaranteed Stop Loss | Negative Balance Protection | Segregated Accounts |
|---|---|---|---|---|
| eToro USA | ✘ | ✘ | ✔ | |
| NinjaTrader | ✘ | ✘ | ✘ | |
| Interactive Brokers | ✘ | ✔ | ✔ | |
| FOREX.com | ✘ | ✔ | ✘ | |
| UnitedPips | ✘ | ✔ | ✔ | |
| RedMars | ✘ | ✔ | ✔ |
Compare Mobile Bitcoin Trading
With crypto moving fast, here’s how these Bitcoin brokers perform on mobile following our tests of their apps:
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| eToro USA | iOS & Android | ✘ | ||
| NinjaTrader | iOS & Android | ✘ | ||
| Interactive Brokers | iOS & Android | ✔ | ||
| FOREX.com | iOS & Android | ✘ | ||
| UnitedPips | Web Access Only | ✘ | ||
| RedMars | iOS & Android | ✘ |
Are The Top Bitcoin Providers Good For Beginners?
Bitcoin trading beginners need brokers with key features for learning - here’s what the top platforms offer:
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Education Rating | Support Rating |
|---|---|---|---|---|---|
| eToro USA | ✔ | $100 | $10 | ||
| NinjaTrader | ✔ | $0 | 0.01 Lots | ||
| Interactive Brokers | ✔ | $0 | $100 | ||
| FOREX.com | ✔ | $100 | 0.01 Lots | ||
| UnitedPips | ✔ | $10 | 0.01 Lots | ||
| RedMars | ✔ | €250 | 0.01 Lots |
Are The Top Bitcoin Providers Good For Advanced Traders?
Experienced Bitcoin traders need advanced tools for a sharper edge - here’s what the top brokerages offer:
| Broker | Automated Trading | VPS | AI | Pro Account | Leverage | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| eToro USA | ✘ | ✘ | ✘ | ✘ | - | ✔ | ✔ |
| NinjaTrader | NinjaScript or via Automated Trading Interface | ✘ | ✘ | ✘ | 1:50 | ✔ | ✘ |
| Interactive Brokers | Capitalise.ai & TWS API | ✘ | ✔ | ✘ | 1:50 | ✔ | ✔ |
| FOREX.com | Expert Advisors (EAs) on MetaTrader | ✔ | ✔ | ✘ | 1:50 | ✔ | ✘ |
| UnitedPips | - | ✘ | ✘ | ✘ | 1:1000 | ✘ | ✘ |
| RedMars | Expert Advisors (EAs) on MetaTrader | ✘ | ✘ | ✘ | 1:30 (Retail), 1:500 (Pro) | ✘ | ✘ |
Compare The Ratings Of Top Bitcoin Brokers And Exchanges
See how the top Bitcoin trading platforms rate in vital categories following our expert-assigned scores:
| Broker | Trust | Platforms | Assets | Mobile | Fees | Accounts | Research | Education | Support |
|---|---|---|---|---|---|---|---|---|---|
| eToro USA | |||||||||
| NinjaTrader | |||||||||
| Interactive Brokers | |||||||||
| FOREX.com | |||||||||
| UnitedPips | |||||||||
| RedMars |
How Popular Are These Bitcoin Brokers And Exchanges?
Many Bitcoin traders trust firms with the largest user base - here’s how many clients the top platforms have:
| Broker | Popularity |
|---|---|
| Interactive Brokers | |
| eToro USA | |
| NinjaTrader | |
| FOREX.com | |
| UnitedPips |
Why Trade Bitcoin With eToro USA?
"eToro remains a top pick for traders looking for leading social investing and copy trading services. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer day traders."
eToro USA Quick Facts
| Bonus Offer | Invest $100 and get $10 |
|---|---|
| Coins | BTC, ETH, BCH, DASH, LTC, ETC, MIOTA, XLM, EOS, NEO, ZEC, XTZ, MKR, COMP, LINK, UNI, YFI, DOGE, AAVE, ALGO, MANA, ENJ, BAT, MATIC, FLR, SHIBxM |
| Crypto Mining | No |
| Auto Market Maker | No |
| Crypto Spread | BTC 0.75% |
| Crypto Lending | No |
| Crypto Staking | No |
| Platforms | eToro Trading Platform & CopyTrader |
| Minimum Deposit | $100 |
| Regulator | SEC, FINRA |
| Account Currencies | USD |
Pros
- eToro USA Securities is a trustworthy, SEC-regulated broker that is a member of FINRA and SIPC
- The low minimum deposit and straightforward account opening process means beginners can get started quickly
- A free demo account means new users and prospective day traders can try the broker risk-free
Cons
- The proprietary terminal doesn't support trading bots and there are no additional stock market analysis tools
- There's no MetaTrader 4 platform integration for traders who are accustomed to using third-party charting tools
- Average fees may cut into the profit margins of day traders
Why Trade Bitcoin With NinjaTrader?
"NinjaTrader continues to meet the demands of active futures traders looking for low fees and premium analysis tools. The platform hosts top-rate charting features including hundreds of indicators and 10+ chart types."
NinjaTrader Quick Facts
| Coins | BTC |
|---|---|
| Crypto Mining | No |
| Auto Market Maker | No |
| Crypto Spread | Floating |
| Crypto Lending | No |
| Crypto Staking | No |
| Platforms | NinjaTrader Desktop, Web & Mobile, eSignal |
| Minimum Deposit | $0 |
| Regulator | NFA, CFTC |
| Account Currencies | USD |
Pros
- Low fees are offered, with $50 day trading margins & commissions from $.09 per micro contract
- You can get thousands of add-ons and applications from developers in 150+ countries
- NinjaTrader is a widely respected and award-winning futures broker and is heavily authorized by the NFA and CFTC
Cons
- Non forex and futures trading requires signing up with partner brokers
- There is a withdrawal fee on some funding methods
- The premium platform tools come with an extra charge
Why Trade Bitcoin With Interactive Brokers?
"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."
Christian Harris, Reviewer
Interactive Brokers Quick Facts
| Coins | BTC, LTC, ETH, XRP |
|---|---|
| Crypto Mining | No |
| Auto Market Maker | No |
| Crypto Spread | 0.12%-0.18% |
| Crypto Lending | No |
| Crypto Staking | No |
| Platforms | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower |
| Minimum Deposit | $0 |
| Regulator | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM |
| Account Currencies | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF |
Pros
- IBKR continues to deliver unmatched access to global stocks with tens of thousands of equities available from 100+ market centres in 24 countries, most recently the Saudi Stock Exchange.
- With low commissions, tight spreads and a transparent fee structure, IBKR delivers a cost-effective environment for short-term traders.
- Interactive Brokers has been named Best US Broker for 2025 by DayTrading.com, recognizing its long-standing commitment to US traders, ultra-low margin rates, and global market access at minimal cost.
Cons
- Support can be slow and frustrating based on tests, so you might find it challenging to reach customer service representatives promptly or encounter delays in resolving issues.
- IBKR provides a wide range of research tools, but their distribution across trading platforms and the web-based 'Account Management' page lacks consistency, leading to a confusing user experience.
- TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.
Why Trade Bitcoin With FOREX.com?
"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."
FOREX.com Quick Facts
| Bonus Offer | Active Trader Program With A 15% Reduction In Costs |
|---|---|
| Coins | BTC, BCH, ETH, LTC, XRP |
| Crypto Mining | No |
| Auto Market Maker | No |
| Crypto Spread | BTC 1.4%, ETH 2% |
| Crypto Lending | No |
| Crypto Staking | No |
| Platforms | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral |
| Minimum Deposit | $100 |
| Regulator | NFA, CFTC |
| Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN |
Pros
- The in-house Web Trader continues to shine as one of the best-designed platforms for aspiring day traders with a slick design and over 80 technical indicators for market analysis.
- There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
- FOREX.com offers industry-leading forex pricing starting from 0.0 pips, alongside competitive cashback rebates of up to 15% for serious day traders.
Cons
- Funding options are limited compared to leading alternatives like IC Markets and don’t include many popular e-wallets, notably UnionPay and POLi.
- There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
- Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
Why Trade Bitcoin With UnitedPips?
"UnitedPips is ideal for traders seeking leveraged trading opportunities, the security of fixed spreads, and the flexibility to deposit, withdraw, and trade cryptocurrencies - all in one sleek TradingView-powered platform."
UnitedPips Quick Facts
| Bonus Offer | 40% Deposit Bonus |
|---|---|
| Coins | BTC, ETH, LTC, XRP |
| Crypto Mining | No |
| Auto Market Maker | No |
| Crypto Spread | 500 |
| Crypto Lending | No |
| Crypto Staking | No |
| Platforms | UniTrader |
| Minimum Deposit | $10 |
| Regulator | IFSA |
| Account Currencies | USD |
Pros
- UnitedPips offers impressive leverage up to 1:1000 with zero swap fees or commissions, which can enhance potential returns for day traders and swing traders looking to control prominent positions with less capital.
- UnitedPips’ platform performs well, with an intuitive design that will appeal to beginners, while the TradingView integration delivers powerful charting tools without overwhelming users, making it straightforward to execute trades efficiently.
- Although being handed off mid-chat due to shift changes during testing was frustrating, customer support is generally good with quick, helpful responses, and 24/7 support via phone and email for regional teams is a definite advantage.
Cons
- Unlike brokers such as IG, UnitedPips is an offshore broker not regulated by any 'green tier' financial authorities, raising concerns for traders seeking assurance and protection under well-established regulatory frameworks.
- UnitedPips' selection of tradable instruments is still minimal, comprising a bare minimum selection of forex, metals and crypto. There are no equities, indices or ETFs, which may be a drawback for experienced traders looking for diverse opportunities.
- UnitedPips lacks comprehensive research, while the educational content for beginner traders is woeful. Compared to brokers like eToro, which offers tutorials, webinars, and advanced courses, UnitedPips offers minimal resources to help new traders understand key concepts.
Why Trade Bitcoin With RedMars?
"RedMars is the best fit for experienced day traders familiar with the MetaTrader 5 platform and based in the EU, where the broker is authorized by the CySEC. However, the threadbare education and research tools make it unsuitable for beginners."
RedMars Quick Facts
| Coins | BTC, ETH, LTC, XRP, XLM, DOT, ZEC, XMR, QTM, NEO, EOS, BCH, DSH |
|---|---|
| Crypto Mining | No |
| Auto Market Maker | No |
| Crypto Spread | 65 |
| Crypto Lending | No |
| Crypto Staking | No |
| Platforms | MT5 |
| Minimum Deposit | €250 |
| Regulator | CySEC, AFM |
| Account Currencies | USD, EUR |
Pros
- RedMars offers one of the best platforms for day trading, MT5, hosting 21 timeframes, dozens of analytical tools, flexible templates and algo trading
- Getting started on RedMars is incredibly easy - you can be up and running in just a few minutes based on tests
- Clients in the EU, in particular, can trade with peace of mind knowing RedMars is authorized by the CySEC with up to €20K compensation available through the ICF in the event of bankruptcy
Cons
- The no-frills trading environment offers little beyond the basics, with no Islamic account, PAMM account or copy trading.
- With just 300 instruments, RedMars offers a narrow trading environment, particularly compared to category leaders like BlackBull Markets which offers 26,000 assets
- While RedMars' spreads are within industry averages, they don't offer a significant edge over the cheapest day trading brokers we've personally used, notably IC Markets
How Did DayTrading.com Choose The Best Bitcoin Trading Platforms?
We ranked Bitcoin providers based on total ratings after evaluating over 200 metrics across eight key categories. Our analysis included nine data points specifically tied to Bitcoin trading, ensuring an in-depth assessment.
Our hands-on testing process, conducted by industry experts – including team members who actively trade and invest in Bitcoin – ensures real-world insights beyond surface-level insights.
The result? A rigorously vetted list of the best Bitcoin trading platforms for security, reliability, and overall trading experience.
Should I Trade Bitcoin Through A Broker Or Exchange?
First, it’s important to understand the difference between a Bitcoin broker and an exchange.
A Bitcoin exchange is where users typically deposit funds to buy and sell Bitcoin directly, becoming the owner of the asset, which must be stored in a crypto wallet. Exchanges generate revenue from trading fees and the spread between buy and sell prices.
In contrast, a Bitcoin broker facilitates trades as an intermediary and often offers derivative products like crypto CFDs, allowing traders to speculate on Bitcoin’s price without owning it. Most brokers we’ve evaluated also provide leverage, which can amplify both gains and losses.
What’s the right option?
- If you’re an investor who wants to own and use Bitcoin, consider an exchange.
- If you’re interested in short-term trading or leveraged positions, consider a Bitcoin broker.
How To Choose A Bitcoin Provider
Drawing on our personal experience using Bitcoin platforms and years of hard testing providers, here are the key factors to consider:
Fees
Choose a low-cost firm, especially if you’re an active day trader because fees add up.
Key fees to weigh up:
- Spread fees represent the difference between buy and sell prices
- Commission fees charged by some Bitcoin trading platforms
- Borrowing fees for using margin to amplify purchasing power
- Conversion fees when depositing in certain currencies
- Inactivity fees if the account becomes dormant
- Rollover fees for holding positions overnight
Top pick for low Bitcoin fees: Pepperstone – Transparent Bitcoin CFD pricing with competitive spreads averaging 33.34 in its Razor account.
Trading Vehicles
Most Bitcoin brokers we’ve tested offer financial derivatives, allowing short-term traders to speculate using leverage.
The most widely available vehicle is contracts for difference (CFDs), with options to go long or short. However, Bitcoin CFDs aren’t available in certain regions, such as the US and UK.
Another increasingly popular product is Bitcoin ETFs (Exchange-Traded Funds), such as the Bitcoin Tracker Fund, which tracks Bitcoin’s value but trades on traditional stock exchanges.
Top pick for Bitcoin trading vehicles: Interactive Brokers – Get access to Bitcoin ETFs, futures, and options with competitive margin rates.
Leverage
Leverage lets traders borrow capital to amplify their Bitcoin positions. While this can boost profits, it also increases potential losses.
However, most firms we’ve investigated offer low leverage on Bitcoin owing to its volatility and high-risk nature. In tightly regulated regions like Europe, you can usually trade Bitcoin with leverage of 1:2, or 2x, your investment.
Top pick for Bitcoin leverage: Eightcap – Reliable access to leveraged Bitcoin trading with rates up to 1:2 and transparent margin requirements.
Regulation
Using a regulated Bitcoin broker ensures compliance with industry standards and offers a higher level of safety. Top regulators include:
However, Bitcoin trading regulations vary by country and are subject to change. For example, the UK’s FCA introduced regulations in 2021 that prevent the trading of Bitcoin derivatives like CFDs.
Top pick for regulation: IG – Well-regulated (10+ regulators) and globally recognized broker (300,000+ clients and listed on the London Stock Exchange).
Security
Security is paramount, especially following high-profile exchange collapses like FTX in 2022 and the hack of Bybit in 2025, which saw the loss of around $1.5 billion in crypto.
Look for platforms offering:
- Proof of Reserves (ensures firms hold the BTC they claim)
- Cold storage (offline storage of assets to prevent hacks)
- Two-factor authentication (2FA)
Top pick for security: BitMEX – Regular proof of reserves reports and strong security measures.
Trading Software
We know from personal experience that a broker’s trading platform impacts ease of use and effectiveness. This is especially important for active traders who may spend a lot of time plugged into the software.
Look for:
- Indicators & charting tools
- Fast execution speed
- User-friendly interface
- Demo accounts for practice
Top pick for Bitcoin trading software: AvaTrade – Multiple user-friendly and powerful platforms including AvaTradeGO, AvaOptions, MT4, and MT5.
Customer Support
Reliable support is crucial, especially for fast-moving Bitcoin markets. Look for providers offering:
- Live chat
- Email & phone support
- 24/7 availability (important for global Bitcoin trading)
Top pick for customer support: IC Markets – Superb assistance that we’ve tested multiple times in recent years and also a winner of various DayTrading.com annual awards, including ‘Best MT4/MT5 Broker’, ‘Best Overall Broker’, and ‘Best Trading App’.
Deposits & Withdrawals
Making deposits and withdrawals to your Bitcoin broker or exchange should be a breeze. Consider the following:
- Deposit currency options such as USD or even BTC
- Payment methods (credit/debit, e-wallets, brokers are increasingly supporting Bitcoin payments too)
- Processing times (some methods take several days)
Top pick for deposits & withdrawals: Kraken – Multiple secure payment options with deposits taking <1 hour based on our personal experience.
Bottom Line
Bitcoin brokers and exchanges enable traders to potentially profit off the highly volatile Bitcoin, but selecting the right provider is key to ensure you aren’t being scammed and to get the best trading experience.
Dig into our ranking of the top Bitcoin trading providers.
FAQ
How Do Bitcoin Trading Platforms Make Money?
Bitcoin brokers generally make money through the spread and/or by charging commission fees. The spread is the difference between the buy and sell price, while commission fees are usually a flat fee applied to every transaction.
How Do I Know If A Bitcoin Trading Provider Is Legit Or A Scam?
Legitimate Bitcoin providers are regulated by reputable authorities in DayTrading.com’s Regulation & Trust Rating, such as the Australian Securities & Investments Commission (ASIC) and Cyprus Securities & Exchange Commission (CySEC).
They are also well-established, have positive customer reviews and use security measures like segregated client funds and proof of reserves.
Red flags to watch out for:
- Promises that you can get rich quickly trading Bitcoin and that it’s a low-risk investment.
- Poorly presented websites with limited information about the brand’s regulatory details and management.
- Encouragement on social media, email, telephone or other mediums to deposit money quickly to capitalize on ‘unmissable Bitcoin trading opportunities’.